FG Strategises On Ease Of Doing Business

The Presidential Enabling Business Environment Council (PEBEC) said last Monday that it would continue to accelerate its efforts to ensure better public service delivery and improved business environment for Micro, Small and Medium Enterprises (MSME), PEBEC Secretary and Senior Special Assistant to the President on Industry, Trade and Investment, Dr Jumoke Oduwole, has said.
Oduwole stated this during the presentation of the “2018 Making Business Work Report” at PEBEC meeting, according to a statement by  Strategy and Communications Adviser, Mr Bisi Daniels, to the Minister of Industry, Trade and Investment, Mr Okechukwu Enelamah.
He noted: “Nigeria must improve its ranking by 45 places in the World Bank Ease of Doing Business Index over the next two years to achieve its goal of attaining the top 100 by 2020”.
“Such an ambitious goal requires accelerated and focused execution of Government Executive Order and National Action Plans (NAP).
“It is clear that Nigeria must now intensify its reforms; and the PEBEC will continue to work closely with the public and private sectors to institutionalise its reforms, cascade them to state level, refine and improve the business environment,” she said.
Oduwole said that according to the “2018 Making Business Work Report,” the current reform cycle is focused on three pillars to accelerate and expand the impact of completed reforms.
One of the pillars is deepening existing reforms through the completion of pending initiatives and ensuring implementation of completed reforms launched in 2017, including communication and consequence management.
Others are making the reforms sustainable through several measures being put in place to ensure progress is sustainable; and providing support reforms with a robust operating model to accelerate change and build capacity within MDAs.
Oduwole said:  “Nigeria has come a long way over the past two years, bouncing back from significant macro-economic distress and is on the way to becoming a textbook example of how an African country can turn its business.”
She added that as part of its implementation strategy, PEBEC was building the capacity of the MDAs to deliver and strengthen them for the long-term and to sustain the improvements on an on-going basis.
Oduwole  added that the council was also fostering cooperation between the MDAs and across states, National Assembly and the private sector to ensure effective coordination between all the relevant to ensure proper planning to eliminate the critical binding constraints.